fico auto enhanced score

fico auto enhanced score

I just read about the fico auto enhanced score. here is my credit profile to give you an idea of what an auto lender will see..... I have 12 statisfactory accounts, 15 derogatory accounts (past not current) and I have 0 derogatory accounts currently. Everything bad has been in the past. My auto loan however was very satisfactory. I never once missed a payment or was late. my traditional Beacon score is 542. Any idea what range my auto enhanced score will be? Will it be enough to help me get an interest rate less than 15%?! Any help would be appreciated. I have to buy a car tomorrow on the whim. Mine just died and I have no downpayment either!!

Re: fico auto enhanced score

Before shoping I would call the auto finance companies (Ford Motor Credit, GMAC, they company you used in the past) and aks them. Also check CU and differnt delars as well. Also print out your CRs and take them do the dealer or CU and ask them if they would qualify you past on the info. They may not give you an exact answer but it might save you from a hard INQ denial.

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation.
Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies.
Many factors affect your FICO Scores and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating.
FTC's website on credit.

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.